EUR/USD today: the pair retains its potential for growth
On Monday, the EUR/USD pair closed at the opening level of the week, forming significant support at 1.1300-1.1290 loss, maintaining the upward trend. Expectations to strengthen this pair are maintained.
Events for today:
- 15:30 – the US data will be released: producer price index (PPI) (m/m) (May) and producer price index (PPI) (m / m) (May).
The economic calendar today is almost empty. The main driver of the market will be the general mood.
EUR/USD pair maintains upward dynamic. Significant levels of support are the levels: 1.1300 and 1.1280. Resistance levels are located at the levels: 1.1350 and 1.1380. The resumption of risks around trading opposition can cause market volatility.
Read also: “Stock Indices: the US Market”
Hanzenko Anton
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